Wu Jiezhuang: Encourage the crypto industry to express their opinions more to improve Hong Kong's Web3 development and policies.

[Wu Jiezhuang: Encourages Crypto Industry to Express Opinions to Improve Hong Kong's Web3 Development and Policies] According to Mars Finance, Hong Kong Legislative Councilor Wu Jiezhuang posted on the X platform, "I am pleased to see new developments in the Hong Kong SAR Government's Financial Services and the Treasury Bureau regarding the promotion of digital asset trading. The SAR Government's announcement of formal consultation on legislative proposals for digital asset trading and custody services represents a further clarification of relevant digital asset regulatory activities and responds to market demands and ideas. The Hong Kong SAR Government has received considerable feedback from the industry in the past consultations regarding the future of related over-the-counter trading and custody services. This proposed legislation will not only establish the legitimacy of crypto and digital asset over-the-counter trading and custody services, allowing the industry to operate in a more compliant environment, but also combat suspected fraudulent activities using related activities as a pretext, preventing losses for the public. I encourage the industry to express their opinions more frequently within this month to improve Hong Kong's Web3 development and policies."